Credit card scams are at their all-time high. There are weird names used in descriptions reported every minute. One such name worrying many card holders is the Avetel charge. Many card holders have observed this on their credit card statements. Complicated naming conventions suggested by local governing laws add more to this sometimes and scamsters consider this as a chase to trick the card holders with less known naming descriptions.
There are sometimes an accidental purchase while you browse the internet and click on ads. The payment gateways are different and mention their names along with merchant names, and this has confused many. Some two weeks ago, my friend called to find out the JRC shinkansen charge on his credit card. I unraveled the mystery for him and he was shocked to know it’s a railway company in Japan and he hadn’t been there ever, it was a fraud.
Let’s unravel the mystery about the Avetel charge on credit card also and make it clear how to identify the legitimacy and what measures you shall take if you ascertain them as unauthorized.
Know The Avetel Charge
Avetel, if you search on the internet, will generally refer to a telecommunications company that offers VoIP and many such other communication services. If you are seeing a charge from Avetel on your credit card, it’s more likely related to a service or subscription you have with them. However, we can’t take a chance and won’t hurriedly conclude, as there are more than 10 pages when you search Avetel on Google. Some of them open and some just keep on loading and tell weird messages, let’s understand further.
What Does Avetel Charge On Credit Cards Mean?
Primarily AVETEL S.A is a reputed company which I have searched about. It’s one of the most experienced companies in South East Europe which operates in the field of integrated signage systems, and it has been a member of the Spyrides Group of Companies since 2000.
AVETEL manufactures high-quality corporate signage, in-store communication, and a variety of printed graphics. The production part mainly takes place throughout Greece according to the highest European specifications, and the company’s headquarters are located in Athens.
Some of the key features and services of AVETEL S.A. are:
- Design and development, Cooperation with global Branding Companies.
- Project Management.
- Manufacturing and distribution of advertising constructions, usually 100% in-house, possessing all the necessary mechanical equipment.
- Transportation & Installation, through highly skilled technicians.
- Maintenance Services 24/7 all over Greece.
If by any chance you or your acquaintance have used your credit card with them, it’s fine and if not, then scammers have used their company name in the description to cause complications and play tricks.
Explanation Of The Charge
There are several reasons for the Avetel charge to show on your credit card. I have extensively researched this issue. This was first reported in March-April 2021 and then approximately after a year in 2022. Now after about a lap of more than two years, the scammers are back into action. Let’s understand more about this below;
- Avetel name is also into Computer & Answering Service that provides telephone answering services including phone communication service, paging service and voicemail services to businesses, government agencies, and universities.
- Accidental sign-ups or purchases refer to situations where you while browsing the internet click on some ads and then sign up for free trial and later forget.
- Lastly, I must mention the one which is concerning the card holder the most. Understand that Avetel charges could also show up on your credit card due to some unauthorized transactions. Online scams follow the pattern, where they steal descriptions and transaction data from genuine merchants. Later they will then use the same descriptions like Avetel which a genuine company would use and will keep on until there is an alarm.
How Does Avetel Charge Appear On Credit Card Statements?
Charges from Avetel on your credit card statement might appear in several different formats. They typically include the name “Avetel” along with a descriptor or location. Below are some examples of how such charges might appear:
- AVETEL_POSPYMT*****025**
- AVETEL INC_ARV *****5575
- AVETEL_COMMUNICATIONS
- AVETEL_SERVICE
- AVETEL TELECOM
- AVETEL _greece_store_POS****0208
- AVETEL.COM
- AVETEL_CUST_SERVICE
- AVETEL_CHRG_SUBSCRIPTION
- AVETEL_MONTHLY_MAI****6785
- AVETEL VOIP SERVICES
- AVETEL_INTERNET_QTR_LY_*****78+91
- AVETEL_BILL_PAYMENT_CCPYMT
- AVETEL_PHONE SERVICES
- AVETEL_BILLING
- AVETEL_TECH_SUPPORT
Above are some descriptions mentioned which usually include the merchant’s name and in some cases the location, website, or other transaction details. Check for any similar descriptions on your credit card statement and refer to your recent purchases. If the charge is unfamiliar, quickly verify it with your purchase history. (Process mentioned below)
What To Do If The Charge Is Unauthorized?
Credit card frauds are reported every other moment and are not something new. Many naive card holders often succumb to the traps and provide their card details. Many times lucrative offers lure many and they fall prey to such fraudulent activities and lose money. If you check about them over the internet, they have their websites there but they hardly function, which tells it’s spam, but not many would understand this.
Avetel charge on credit cards is one very common example, where many people are reporting credit card charges that are not authorized by them. In case you suspect fraud below are some steps that you can undertake further;
Contacting The Avetel
I hope the process above has been able to help you understand the nature of the Avetel charge on your credit card. If you are satisfied its good, and if you are still unsure, follow the steps further
Here’s how to contact Avetel Inc:
- Visit the official website of Avetel S. A and Avetel Communications and find their contact details. Make sure that in such cases contact details must only be trusted from official sources.
- You must also meanwhile connect to your friends or family with whom you believe the credit card access is, check with them if they have used your card somewhere at Avetel stores online or offline.
- When you contact Avetel stores, make sure that whatever the situation is you don’t provide any bank details, and take your time to understand the issue briefly.
Contacting Your Credit Card Company
Another important step is to immediately call your credit card issuing bank and report the incident. Follow the process below;
- You must ask them to block your credit card without any delay so that you can avoid any further fraudulent transactions.
- Make sure you only look for customer support numbers on the card involved in the transaction card or the issuer’s website and shall not trust any other sources.
- Mention your concern and provide any requested documents, such as receipts or billing statements, and remember not to provide any details like card number, OTP or PIN of your card.
- You shall get rid of the card involved and ask for a replacement card and be cautious in the future.
Conclusion
It’s an organized chaotic world, where everything from far away seems genuine and sometimes even the genuine one feels inauthentic. Scamsters have arranged everything on the internet to make you run in circles and keep on searching for them, but in reality, it’s an illusion luring you. Take precautions and if you stumble upon any such fraud, make sure you reach out only to the official sources and as the first step get your credit card blocked as soon as possible.
Frequently Asked Questions
What If I Have A Random Charge On My Debit Card?
Contact your bank immediately if you suspect unauthorized transactions on your debit card. If the transaction was made using a debit card or other electronic fund transfers, you may have additional protections under federal law.
What Is The 2.5 Percent Charge On A Credit Card?
This fee is known as a cash advance and you have to pay a fee if you choose to use it. Banks typically charge an interest of around 2.5% of the amount withdrawn as a cash advance fee for funds withdrawn using a Credit Card.
Can The Bank Find Out Who Used My Credit Card?
Yes, by tracking the transaction details, your bank or credit card issuer could often make this possible, especially if the fraud involved physical transactions at identifiable locations or digital transactions with traceable IP addresses and device information.
Also Read – What is Pappito Org Charge On Credit Card